Description
BSE announces listing of commercial papers from multiple companies including Muthoottu Mini Financiers, Reliance Jio Infocomm, Time Technoplast, J.K. Cement, Aarti Industries, and Bajaj Financial Securities on the debt market segment.
Summary
BSE has listed commercial papers issued by six companies on private placement basis effective December 30, 2025. The securities include 400 units from Muthoottu Mini Financiers Limited, 22,000 units from Reliance Jio Infocomm Limited, 200 units from Time Technoplast Limited, 1,500 units from J.K. Cement Ltd, 3,000 units from Aarti Industries Ltd, and commercial papers from Bajaj Financial Securities Limited. All securities will trade in dematerialized form with a standard denomination of Rs. 5 lakhs and multiples thereof.
Key Points
- Six companies’ commercial papers listed on BSE Debt Segment effective December 30, 2025
- Trading only in dematerialized form under specific ISIN numbers
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Market lot: 1 unit for all securities
- Interest rates range from 6.08% p.a. (J.K. Cement) to 9.25% p.a. (Muthoottu Mini Financiers)
- All commercial papers have cumulative interest payment on redemption date
- Redemption periods range from February 2026 to June 2026
Regulatory Changes
No regulatory changes announced. This is a standard listing notification for privately placed debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples
- Trading members requiring clarification may contact BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- Effective Date: December 30, 2025 (trading admission)
- Allotment Dates: December 29-30, 2025
- Redemption Dates:
- February 17, 2026: J.K. Cement Ltd (JKCL-17-2-26-CP)
- March 13, 2026: Reliance Jio Infocomm Limited (RJIL-13-3-26-CP)
- March 30, 2026: Aarti Industries Ltd (AIL-30-3-26-CP)
- June 29, 2026: Muthoottu Mini Financiers Limited (MMFL-29-6-26-CP)
- June 30, 2026: Time Technoplast Limited (TTL-30-6-26-CP)
Impact Assessment
Market Impact: Minimal. This is a routine listing of debt instruments on the BSE Debt Segment. The commercial papers provide short-term financing options for the issuing companies and investment opportunities for institutional investors in the debt market.
Operational Impact: Trading members gain access to additional debt securities for their clients. The securities are rated A1+ by major rating agencies (CARE, CRISIL, ICRA, IND), indicating highest safety for short-term debt instruments.
Investor Impact: Institutional and high net-worth investors can participate in these commercial papers with tenures ranging from 49 to 182 days, offering interest rates between 6.08% to 9.25% per annum.
Commercial Paper Details
| Company | Scrip Code | ISIN | Quantity | Interest Rate | Redemption Date | Rating |
|---|---|---|---|---|---|---|
| Muthoottu Mini Financiers | 730873 | INE101Q14306 | 400 | 9.25% p.a. | June 29, 2026 | CARE A1+ |
| Reliance Jio Infocomm | 730875 | INE110L14UL4 | 22,000 | 6.19% p.a. | March 13, 2026 | CARE A1+, CRISIL A1+ |
| Time Technoplast | 730874 | INE508G14IG4 | 200 | 7.60% p.a. | June 30, 2026 | CRISIL A1+, ICRA A1+ |
| J.K. Cement | 730876 | INE823G14BE7 | 1,500 | 6.08% p.a. | February 17, 2026 | CARE A1+ |
| Aarti Industries | 730877 | INE769A14AC1 | 3,000 | 6.70% p.a. | March 30, 2026 | CRISIL A1+, IND A1+ |
Impact Justification
Routine listing notification for commercial papers issued on private placement basis. Affects only debt market segment with no direct equity market implications.